Summit flags real estate as key growth driver

Prominent business leaders and policymakers highlighted Pakistan's vast investment opportunities and emphasised the pivotal role of the real estate sector in driving economic growth at the Pakistan Investment Potential Summit held in Islamabad.

According to an official statement issued on Tuesday, the summit was hosted by President Islamabad Chamber of Commerce and Industry (ICCI) Sardar Tahir Mehmood.

Advisor to the Prime Minister on Tourism Sardar Yasir Ilyas Khan said that Pakistan possesses massive untapped investment potential, particularly in the real estate, tourism and hospitality sectors. He noted that Pakistan's diverse natural landscapes, cultural heritage and historical treasures can significantly contribute to the national economy if properly promoted and supported with modern infrastructure.

He stressed the need to build investor confidence through consistent policies, improved facilities and investor-friendly regulations to attract both domestic and international investment.

Chief Guest Chaudhry Abdul Majeed, Chairman Faisal Town Group, said that Pakistan is a resilient and hardworking nation capable of achieving sustainable growth. He emphasised that policy stability, clarity of direction and strong private sector participation are essential for unlocking the country's economic potential.

He added that the sector plays a vital role in employment generation and urban development while contributing significantly to economic activity and investment.